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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 4.069-0.3%Jan 30 3:59 PM EST

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To: dave herbert who wrote (99)12/19/1996 1:48:00 AM
From: Ronald P. Margraf Sr.   of 495
 
Hi Dave,
I beleive AAG will be donating 9 mil to match VSY. There was an earlier
share price determined, that was around 1.20 but then again that will
depend on the market value at the time the merger is consumated. As far
as, will Cancord dump millions of share on the market after the merger,
I think it would be foolish of them if they did.

The boys at AAG are pretty smart. I have a feeling that they are going
to wait and see what the drill results look like before they close the
merger. I think then at that time they will decide what they are going
to do and determine then what the share price will be. Once again, the
later comment is just my humble opinion.

I hope this helps.

Ron
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